Hon Hai to invest in China solar energy plant-report

TAIPEI, Oct 14 (Reuters) - Hon Hai, the world's largest electronics parts maker, will jointly invest in a solar energy materials plant in China's Shanxi province with China's Yingli group, a Taiwan newspaper reported on Thursday.

Citing mainland media reports, the Economic Daily News said Hon Hai would jointly invest in a polysilicon materials project in Datong city.

The paper said initial investment in the project would be some 26.6 billion yuan ($4 billion), and annual production would be some 6,000 tonnes. It did not make clear what the investment figure specifically referred to.

The paper said Hon Hai would not comment on the reports.

Several Taiwan tech firms have begun a push into the $35 billion global solar market, eyeing new growth prospects .

Yingli unit Yingli Green Energy said earlier this week it is on track for about a 10 percent share of the U.S. solar modules market by volume this year.

($1=6.663 Yuan)

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